12.26 Reaching a Critical Point


1. Precious metals continue their bullish trend, with platinum hitting a new all-time high, rising 7% in a single day, while silver and palladium also surged.
2. The short-term resistance level for Bitcoin is around 89,500, which is a support-resistance switch point. It has not been able to break above this level in the past 11 days. Once it successfully breaks through, a significant rebound could be initiated.
3. With precious metals reaching new highs, the S&P reaching new highs, and the Nasdaq approaching new highs, the market is optimistic about Bitcoin's potential rebound in January.
BTC1.32%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)